High Asset Charities
When a charity solicits us for donations, we may reasonably assume that what we give will be used to support the cause, such as programs to help veterans or military personnel, in the near future. This is not always the case.
For example, if you donate to Special Operations Warrior Foundation, this charity may not use your donation for nearly 8 years based on its fiscal 2022 cash spending levels! The charity is financially efficient, spending 90% of its annual cash expenses on its programs and only 10% on overhead, and spending only $6 to raise each $100 of cash support. However, it could continue to operate at 2022 cash spending levels for 7.9 years without raising another penny of donations or other revenue.
If you are a donor who wants to support the current programs of veterans and military charities, you may want to consider how much money a particular charity already has before making a donation.
Air Force Aid Society:
In 2022 Air
Force Aid Society spent 74% of its cash budget on programs and 26% on overhead.
It cost the charity $20 to raise each $100 in cash support. At 2022 cash spending
levels, this charity would not be able to use your donation for about 17
years, or until the year 2039.
Efficiency
Rating: B+
Downgraded
High Asset Rating: F
Army Emergency Relief:
In 2022 Army Emergency Relief spent 89% of its cash budget on programs and 11% on
overhead. It cost the charity $14 to raise each $100 in cash support that year. At 2022 spending levels, this charity would not be able to use your donation for about 9.6 years.
Efficiency
Rating: A
Downgraded
High Asset Rating: F
Blinded Veterans Association:
In fiscal 2021
Blinded Veterans Association spent 38% of its cash budget on programs and 62%
on overhead. It cost the charity $32 to raise each $100 in cash support. At fiscal 2021 spending levels, this charity would not be able to use your donation for
about 6 years.
Efficiency
Rating: D
Downgraded
High Asset Rating: F
Disabled American Veterans (DAV):
In 2021
Disabled American Veterans spent 48% of its cash budget on programs and 52% on
overhead. It costs the charity $47 to raise each $100 in cash support. At 2021 spending levels, this charity would not be able to use your donation for about 3.3 years.
Efficiency
Rating: D
Downgraded
High Asset Rating: D
Disabled American Veterans Charitable Service Trust:
In
2021 Disabled American Veterans Charitable Service Trust spent 94% of
its cash budget on programs and 6% on overhead. It cost the charity $1 to
raise each $100 in cash support that year. At 2021 spending levels, this charity would
not be able to use your donation for over 10 years, or the year 2031.
Efficiency
Rating: A+
Downgraded
High Asset Rating: F
Freedom
Alliance:
In 2022
Freedom Alliance spent 75% of its cash budget on programs and 25% on overhead.
It cost the charity $23 to raise each $100 in cash support. At 2022 spending
levels, this charity would not be able to use your donation for over 4.3 years,
or until the year 2026.
Efficiency
Rating: B+
Downgraded
High Asset Rating: C
Marine Corps Scholarship Foundation
In fiscal
2022 this charity spent 69% of its cash budget on programs and 31% on overhead.
It cost the charity $15 to raise each $100 in cash support. At fiscal 2022 spending levels, this charity would not be able to use your donation for just over 4 years, or until the year 2026.
Efficiency
Rating: B+
Downgraded
High Asset Rating: C
Navy SEAL Foundation:
In 2022 Navy Seal Foundation spent 92% of its cash budget on programs and 8% on
overhead. It cost the charity $3 to raise each $100 in cash support. At 2022 spending levels, this charity would not be able to use your donation for about 4.3 years.
Efficiency
Rating: A+
Downgraded
High Asset Rating: C+
Navy-Marine Corps Relief Society:
In 2022 this charity spent 82% of its cash budget on programs and 18% on overhead. It
cost the charity $11 to raise each $100 in cash support. At 2022 spending
levels, this charity would not be able to use your donation for about 3.3 years.
Efficiency
Rating: A
Downgraded
High Asset Rating: B-
Special Operations Warrior Foundation:
In 2022
Special Operations Warrior Foundation spent 90% of its cash budget on programs
and 10% on overhead. It cost the charity $6 to raise each $100 in cash support.
At 2022 spending levels, this charity would not be able to use your donation
for about 7.9 years.
Efficiency
Rating: A+
Downgraded
High Asset Rating: F
Visit CharityWatch's High
Asset Charities for a complete list of charities whose grades have
been reduced for having adjusted net assets equivalent to 3 years or more of
their respective cash budgets. Visit Our Process for more information on how CharityWatch
computes a charity's years of available assets.
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